Question: Is bank Transfer safe on Gumtree?

Should you bank transfer on Gumtree?

This link takes the seller to a fake, Gumtree-branded website that asks for their bank details before the buyers cash can change hands. This is completely fraudulent, as Gumtree does not have any function to make payments.

Are bank transfers safe for sellers?

You need to be sure you trust the seller though as there is no way to get the money refunded. One precaution I usually take when transferring money for the first time to a new recipient is to make a small £1 transfer initially and ask the recipient to confirm its safe arrival in their account.

What details do I give for bank transfer?

Six-digit sort code of the account youre paying.Eight-digit account number of the account youre paying.A payment reference (often your name or customer number) to let them know the money came from you.Sometimes youll need the name and address of the bank youre sending the money to.

How do you protect yourself when making a bank transfer?

Always pay by card if you can. If not, use transfer services like PayPal. They are safer and have fraud protection as well. Ensure you have anti-virus software and additional software recommended by your bank.

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